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ATEL Leasing Provides Equipment Financing to Berkshire Hathaway Subsidiaries

February 05, 2025, 07:10 AM
Filed Under: Logistics

ATEL Leasing has agreed to the lease financing of essential capital equipment for multiple Berkshire Hathaway subsidiaries, reinforcing its role as a trusted partner for industry-leading companies.

Led by famed investor Warren Buffett, Berkshire Hathaway is one of the world’s most influential holding companies, with a market capitalization exceeding $715 billion. The company owns a diverse portfolio of private businesses and holds significant investments in publicly traded firms, including Apple, Coca-Cola and American Express.

As part of this financing, ATEL provided lease funding for Freightliner over-the-road tractors to Shaw Industries, the world’s largest carpet manufacturer. Headquartered in Dalton, Georgia, Shaw produces over 3,000 styles of tufted and woven carpet and laminate flooring for residential and commercial markets under approximately 30 brand names, as well as private labels. This financing supports Shaw’s expansive logistics network, ensuring the company can efficiently deliver its products across the country.

ATEL also provided financing to McLane Company, another Berkshire Hathaway subsidiary and one of the largest wholesale distribution and logistics service providers in the world. Operating in all 50 states, McLane serves major retailers, convenience stores, quick-service restaurants, and other businesses. ATEL’s lease financing included Crown material handling equipment, such as forklifts, reach trucks, order pickers and pallet jacks, helping McLane optimize operations at its distribution centers.







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